Biden betting on wage growth, while GOP warns of inflation
Part of the dispute between Biden and Republicans is a more fundamental one on how economies grow.
Associated Press
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Indiana union calls governor’s unemployment decision ‘cruel’
Indiana AFL-CIO President Brett Voorhies said Gov. Eric Holcomb was “trying to coerce Hoosiers into low-paying jobs.”
Pandemic fuels eating-disorder surge in teens, adults
The pandemic created treacherous conditions for eating disorders, leading to surges in new cases and relapses that are not abating as restrictions are loosened and COVID-19 cases subside, doctors and other specialists say.
Indiana lottery sees big jump in ticket sales amid pandemic
Officials told the State Lottery Commission this past week that they projected that scratch-off ticket sales would be up almost 27% for the fiscal year ending June 30 compared with a year ago.
Dixon nabs Indy 500 pole, knocking off two budding young stars
Scott Dixon slammed the brakes on IndyCar’s current youth movement by winning his fourth Indianapolis 500 pole by a mere 0.03 seconds on Sunday.
Penske team struggles with speed; Power fails to qualify on first day
Will Power, one of the greatest qualifiers in IndyCar history, failed to seal his spot in the 33-car field on Saturday’s first day of qualifications at the Indianapolis 500. Power’s misfortune was the worst of Team Penske’s struggles.
How Rep. Greg Pence’s opposition to insurrection probe illustrates political divide
On Jan. 6, a violent mob surged through the halls of the U.S. Capitol chanting “hang Mike Pence.” But when the House moved this week to create an independent commission to investigate the tragedy, the former vice president’s brother voted no.
Do I still have to wear a mask? What about the kids?
The government’s new guidance on masks for vaccinated people has left some Americans confused and sent businesses and local governments scrambling to adjust their rules. Here are answers to some of the most frequently asked questions.
Rahal team penalized after Indy 500 photo shoot causes crash
IndyCar at the end of the session announced Takuma Sato, Graham Rahal and Santino Ferrucci will all be parked for the first 30 minutes of Friday’s critical practice, when the engine power is boosted and teams get their first true look at their speeds ahead of qualifying.
Apple brings CEO Tim Cook to court in defense of app store
Epic Games, maker of the popular video game Fortnite, is trying to topple the so-called “walled garden” for iPhone and iPad apps that welcomes users and developers while keeping competition out.
Big gaps in vaccine rates across United States worry health experts
A month after every adult in the United States became eligible for the vaccine, a distinct geographic pattern has emerged: The highest vaccination rates are concentrated in the Northeast, while the lowest ones are mostly in the South.
White House, GOP infrastructure talks hit crucial stage
Securing a vast infrastructure plan is Biden’s top priority, but Republicans are refusing Biden’s idea of a corporate tax hike to pay for the spending.
U.S. proposes 15% minimum tax on global corporate profits
Competition to cut corporate tax rates has been “undermining the United States’ and other countries’ ability to raise the revenue needed to make critical investments,’’ the Treasury said in a statement
Tax changes would boost IRS monitoring of cryptocurrency use
Among the proposed changes, businesses that receive “cryptoassets” with a fair market value of more than $10,000 would have to report it to the IRS.
IndyCar inks extension with series title sponsor NTT
The deal solves one of the looming financial questions facing Roger Penske in his second year as owner of the series.
Nervous retail workers struggle to adjust to new mask policies
Kroger, the country’s largest grocery chain, and other national retailers have been dropping mask requirements in locations where local governments allow them to.
U.S. jobless claims decline to 444,000, a new pandemic low
The latest numbers show Hoosiers filed 7,149 initial unemployment claims during the week ended May 15, a drop of 637 from the previous week.
Ed Carpenter Racing posts strong day in Indy 500 practice
Conor Daly and Ed Carpenter were among the fastest drivers Wednesday at Indianapolis 500 practice. Both are from Indianapolis with deep ties to Indianapolis Motor Speedway.
NCAA’s D1 Council hopes athlete pay rules get hashed out in June
The NCAA Division I Council plans to act on legislative proposals next month that would allow athletes to be paid to be sponsors, social media influencers and product endorsers, the governing body for college sports announced Wednesday.
Fed officials showing some signs of concern over inflation pressures
The discussions, revealed in the minutes of the Fed’s April meeting released Wednesday, marked the first time the central bank has even hinted that the time could be approaching to consider reducing the Fed’s $120 billion monthly bond purchases.